Factors Affecting Entrepreneurial Opportunity Recognition Among Food and Beverage SMEs

DOI

10.2991/aebmr.k.210507.074How to use a DOI?

Keywords

social network, prior knowledge, self-efficacy, entrepreneurial alertness, entrepreneurial opportunity recognition

Abstract

The growth of Food and Beverage (F&B) SMEs continues to increase along with the interest of Indonesian people in enjoying the ready-to-eat food. SMEs in this field must possess entrepreneurial alertness to seek, realize and recognize opportunities, also known as entrepreneurial opportunity recognition. This study aimed to determine the impacts of: 1) social network on entrepreneurial alertness, 2) prior knowledge on entrepreneurial alertness, 3) self-efficacy on entrepreneurial alertness, 4) entrepreneurial alertness on entrepreneurial opportunity recognition among F&B SMEs in Jakarta. This study used purposive sampling technique and a sample consisting of 80 F&B SMEs was obtained. The results proved that social network, prior knowledge, and self-efficacy have positive and significant impacts on entrepreneurial alertness. Likewise, entrepreneurial alertness has a positive and significant impact on entrepreneurial opportunity recognition. This is an aspect that F&B SMEs need to pay attention to in order to identify, see, recognize, and find the opportunities, which then generate the potential ideas to compete in the market.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Lydiawati Soelaiman
AU  - Liediana Liediana
PY  - 2021
DA  - 2021/05/09
TI  - Factors Affecting Entrepreneurial Opportunity Recognition Among Food and Beverage SMEs
BT  - Proceedings of the Ninth International Conference on Entrepreneurship and Business Management (ICEBM 2020)
PB  - Atlantis Press
SP  - 501
EP  - 507
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210507.074
DO  - 10.2991/aebmr.k.210507.074
ID  - Soelaiman2021
ER  -